Hero MotoCorp to invest over Rs 3,200 crore in Andhra Pradesh
Hero MotoCorp has laid the foundation stone for its second Global Parts Centre (GPC) in Tirupati, Andhra Pradesh, marking the start of an investment roadmap worth over Rs 3,200 crore in the state. Hero MotoCorp lays foundation stone for second Global Parts Centre in Tirupati New facility represents an initial investment of over Rs 750 crore Expected to create around 4,000 employment opportunities in the state Hero MotoCorp Andhra Pradesh investment The new Global Parts Centre is expected to support annual production of 12-15 lakh units The new GPC will serve as a strategic hub for Hero MotoCorp's domestic and international spare parts operations. With the expansion, the Tirupati plant's annual production capacity is expected to increase to between 12 lakh and 15 lakh units. Hero MotoCorp also noted that its entire electric vehicle portfolio, including the Vida range, is designed, engineered and manufactured at the Tirupati facility, making the site a key pillar of its EV strat...